96 Marygrove Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1994 home in Whyte Ridge, Winnipeg, stands out most for its land and location within the street. On Marygrove Crescent itself, it ranks among the top 12% for lot size (5,731 sqft) and is one of the newest builds on the block (top 3%). The home itself is compact: 1,099 sqft of living area is below average for both its street and neighbourhood, but matches up fairly closely with the citywide median. Its assessed value of $442,000 reflects this trade-off—lower than most nearby homes, but above the city average, suggesting the land carries more weight than the house size.
The appeal here is practical rather than flashy. A buyer gets a newer, solidly built home on a generous lot in an established suburban area, without paying a premium for extra square footage they might not need. It would suit someone prioritizing outdoor space, a quiet street, or a renovation project—the smaller floor plan leaves room to expand or reconfigure. It’s less ideal for buyers who need a large open-concept layout or who want a move-in-ready home without any compromises on interior size. The flipside: because the living area is modest relative to the neighbourhood, resale value may depend more on the lot and location than the house itself.
Five Possible FAQs
1. Is the living area a problem?
It depends on your needs. At 1,099 sqft, it’s small for Whyte Ridge, but not unusual citywide. If you’re okay with a tighter floor plan and value the larger lot, it’s a trade-off many homeowners make. Some find it easier to maintain and cheaper to heat.
2. How does the assessed value compare to what I’d actually pay?
Assessed value ($442K) is a snapshot for property tax purposes, not a market price. It’s below the street average ($476K) but above the citywide average ($390K), which suggests the home is priced for its land and location, not its interior size. Market factors like demand and condition will matter more.
3. What’s the lot actually like?
The land is 5,731 sqft—bigger than most homes on the street (avg 4,732 sqft) and slightly below the neighbourhood and city averages. That extra space could mean a deeper backyard, more room for a garden, or potential for an addition (subject to zoning).
4. Why is the year built such a strong point?
Built in 1994, it’s newer than 97% of homes on Marygrove Crescent and newer than the citywide average by nearly 30 years. Newer construction often means better insulation, updated electrical, and fewer major repairs than an older house—but it’s not brand-new, so check for wear on the roof, windows, and mechanicals.
5. How does this home compare to others in Whyte Ridge generally?
It’s smaller than most in the neighbourhood (ranked bottom 2% for living area) but has a typical lot and a slightly newer build. The assessed value is below the neighbourhood average, which makes it a relatively affordable entry point into the area—though you’ll be sacrificing interior space compared to neighbours.